According to Adam, a macro researcher at Greeks.live, the overall sentiment in the cryptocurrency market has shifted from optimism to pessimism. Currently, most altcoins have experienced a significant drop in value, and both Bitcoin and ETH are struggling to gain traction. It is difficult to see any immediate improvement in the cryptocurrency market. In terms of overall market volatility, there has been a slight rebound. In the short term, it may be beneficial to select orders with higher IV and take advantage of closing orders from market makers. In the cryptocurrency lending market, Bitfinex, a major player, has been relatively quiet. The interest rate market on Bitfinex has been lackluster, but it is advisable to actively engage in suitable interest rate orders when they arise.
